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Cake day: August 17th, 2026

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  • horsesaysweird@feddit.orgtomemes@lemmy.world•Don't be evil
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    17 hours ago

    Yeah, they made double-digit profits. They have been swimming in money for decades and their cash ocean is still getting bigger at an insane rate.

    Revenue, however, rose 25% to an enormous $127.6bn. The figure was slightly below the roughly $128bn analysts had forecast.

    Advertising revenue grew 11% to $82bn, short of expectations. Revenue from Google’s search business, still the company’s largest source of income, rose 12% to $63.4bn, slowing from 17% growth in the previous quarter.